WEBTOON Entertainment Inc. (NASDAQ:WBTN) Receives $15.07 Average PT from Analysts

Shares of WEBTOON Entertainment Inc. (NASDAQ:WBTN) have earned a consensus rating of “Hold” from the ten ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $15.0714.

WBTN has been the topic of several recent analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $10.00 price target on shares of WEBTOON Entertainment in a research note on Thursday, March 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WEBTOON Entertainment in a research note on Monday, April 20th. HSBC lowered WEBTOON Entertainment from a “buy” rating to a “hold” rating and set a $11.50 price target on the stock. in a research note on Wednesday, March 4th. Evercore reaffirmed an “outperform” rating and issued a $15.00 price target on shares of WEBTOON Entertainment in a research note on Wednesday, March 4th. Finally, Wall Street Zen lowered WEBTOON Entertainment from a “hold” rating to a “sell” rating in a research note on Monday, March 2nd.

Institutional Trading of WEBTOON Entertainment

Institutional investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd acquired a new stake in WEBTOON Entertainment in the 1st quarter valued at $129,000. Invesco Ltd. bought a new position in WEBTOON Entertainment in the 1st quarter valued at $123,000. State of Wyoming bought a new position in WEBTOON Entertainment in the 4th quarter valued at $96,000. BNP Paribas Financial Markets raised its position in WEBTOON Entertainment by 103.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,548 shares of the company’s stock valued at $69,000 after purchasing an additional 1,804 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in WEBTOON Entertainment in the 4th quarter valued at $27,000.

WEBTOON Entertainment Stock Performance

Shares of NASDAQ:WBTN opened at $13.24 on Monday. The business’s 50 day moving average is $10.47 and its 200-day moving average is $12.69. The firm has a market capitalization of $1.78 billion, a PE ratio of -5.00 and a beta of 2.59. WEBTOON Entertainment has a 1-year low of $7.82 and a 1-year high of $22.47.

About WEBTOON Entertainment

Webtoon Entertainment Inc operates WEBTOON, a leading digital comics platform offering a diverse library of user-generated and professionally produced webcomics. The company enables creators around the world to publish serialized content in a vertical-scrolling format optimized for mobile and web consumption. Through its platform, readers can access thousands of titles across genres such as romance, fantasy, drama, and action, with both free-to-read episodes and advanced access options supported by microtransactions and advertising.

Founded as part of Naver Corporation and launched internationally in 2014, Webtoon Entertainment has grown rapidly by fostering a direct connection between comic creators and global audiences.